NOT LISTED FOR SALE
-- Bed
-- Bath
2,694 Sq Ft
3,049 Sq Ft Lot

Last Sold January 23, 2013

Last sale price $38,900 $14 Per Sq Ft

22 Days on Market

Highlights

  • Covered Patio or Porch
  • Level Lot
  • 3-minute walk to Riverbend Park
  • Forced Air Heating and Cooling System

About This Home

As of January 2013

Whether youre looking to live in the first floor 3 bedroom apartment and rent the top two units, or own this entirely as an investment property, youll appreciate the care given to this 3 unit home near downtown Muncie. There is a total of 2694 square feet -- 1347 of this is located in Unit 1 on the first floor. Appliances stay with the home (refrigerator and stove in each unit). The basement provides access to laundry for Unit #1. There is ample parking for all tenants and guests. All units are currently leased on a month-to-month basis. Unit #1 is leased @ $575/mo.; units 2 & 3 are leased @ $375/mo. Total fully rented lease amount is $1325/mo. Tenants pay their own electric bill (separately metered) - Unit #3 electrical bill is paid by owner. The owner pays all other utilities, maintenance, and taxes.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 12/17/2012

Coldwell Banker Real Estate Group

Last Buyer's Agent

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 12/17/2012

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 57x53
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • East Washington Academy Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, fuel, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 181110312007000

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,400
  • Fuel Expense $1,400
  • Insurance Expense $1,622
  • Maintenance Expense $500
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Legal Description: JW ADD S 57FTx53.75FT LOT #5 |
  • Parcel Number ID: 181110312007000
  • Platted: Yes
  • Amenities: Basement, Fireplace, Cable Ready, Patio Covered, Water Heater Gas, Washer Hook-Up
  • Zoning Description: Fam Dwell
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2694
  • Total Finished Sq Ft: 2694
  • Above Grade Finished Sq Ft: 2694
  • Below Grade Sq Ft: 1347
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Main Level Sq Ft: 1347
  • Total Below Grade Sq Ft: 1347

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle

Garage/Parking

  • Driveway: Gravel
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Annual Electric: 1400
  • Annual Fuel Expense: 1400
  • Annual Insurance Expense: 1622
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1800

Schools

  • Elementary School: East Washington Academy

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 57x53
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Fuel, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1428

Multi Family

  • Number Of Units: 3

MLS Schools

  • High School: Central
  • Middle School: Northside
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2013 01/23/13 Sold $38,900 -2.5% $14 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $39,900 -- $15 / Sq Ft
Source: Indiana Regional MLS

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Map

Source: Indiana Regional MLS

MLS Number: 20020406

Indiana Regional MLS
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